Tualatin Fox Hill Neighborhood Weekly Real Estate Report 4/2/12-4/8/12
This report will only reflect the happenings though from 4/2 to 4/8 2012, so the changes after this will be reflected in next weeks report.
The current inventory/absorption rate in Tualatin according to the RMLS Market Trend Report is at 4.2 months..slightly up from 3.9 of last weeks, so we've held steady the last few weeks under 5 months. This number will rise as more homes come on the market now. A 5-6 month inventory would be considered an even market, anything over this is considered a buyer's market and under a seller's market. Below are the stats from the RMLS Market Trend Report for all of Tualatin.
The average days on the market for the Fox Hill neighborhood is currently 49 days for all properties (down from 50.3 in my last report) That breaks down the following way:
*Active Properties: averaged 42 days (down from 50.6 days last week)
*Pending Properties: 11.5 days (no change)
*Sold Properties: 112 days, (up from 76 days last week)
*New listing at 19755 SW 48th Ave. went on the market on April 4th
*New listing at 4535 SW Natchez St. went on the market on April 7th
Please feel free to contact me with any questions or to schedule showings of any of the properties on the market.
Homeowners..If you're thinking of putting your home on the market, now is a great time! Call for a complimentary Market Analysis.
* Info taken from the RMLS (Regional Multiple Listing Service) and can change after this posting.
Tualatin, Oregon (pronounced Tu-aah-la-tin) has several sections and neighborhoods but this post highlights the Fox Hill neighborhood. I will admit that I am partial to it as I had the pleasure of living there for several years and got to know several very nice people. I loved that this was the type of neighborhood that people got to know you and your family..and vice versa.
Fox Hill is tucked behind the Legacy Meridian Park Hospital and is bordered between Borland Rd. and Nyberg Ave. This neighborhood is an established neighborhood with most of the homes having been built in the mid to late 80's.
Sitting in a fantastic location for easy access to both I-5 and I-205, this Tualatin Fox Hill neighborhood has it all. Within minutes you can visit Browns Ferry Park with it's natural bird sanctuary that runs along the Tualatin River. I have walked many a mile here!
Unlike many newer neighborhoods, you will find homes in Fox Hill that have larger lots, mature, established landscaping, and tree lined streets. I have started to see some changing here as many of the original owners are starting to downsize and younger families are moving in
Fox Hill is actually comprised of two seperate sections with SW 50th Ave. being the divider. Fox Hill and Bridgeport section falls in the Tigard-Tualatin school district and Fox Hill Park in the West Linn-Wilsonville School District (although there is a tiny section on Saum Way that is Tigard/Tualatin schools). Both are in Clackamas county whereas most of Tualatin is in Washington county.
I can't talk about Fox Hill without mentioning the annual 4th of July parade. This starts and ends at Bridgeport Elementary and all the neighbors line up every year to watch all the marchers, fireman, and neighborhood police. This is not just for folks that live in here, people from all over Tualatin come for the fun.
If you are looking to move to Tualatin, take a drive through the Fox Hill neighborhood and check it out. Feel free to contact me for more information on any of these homes or Tualatin.
Here are a few links that you might find helpful: